The IMF Executive Board announced on August 3 that it had completed the ninth review of Turkey&#x2019;s economic program supported by the three-year Stand-By Arrangement. The Board&#x2019;s decision will enable Turkey to draw SDR 1.2 billion (about $1.5 billion) immediately from the IMF. The text of News Brief No. 01/73, as well as a statement issued on July 28 by IMF First Deputy Managing Director Stanley Fischer (see page 262) is available on the IMF&#x2019;s website (www.imf.org).